OCC: Depository Services (Savings and Checking Accounts)The Expedited Funds Availability Act requires banks to use a standardized hold period . bank then debits the payee's account for the amount of uncollected funds. . accounts that require you to leave your funds in the account for a fixed term.http://www.occ.gov/topics/consumer-protection/depository-services/index-depository-services.html

NBT Bank - Your Overdraft Questions AnsweredThis term refers to funds you have deposited into your . not available is considered drawing on "uncollected funds.http://www.nbtbank.com/home/personal-banking/checking/overdraft-protection-services/your-overdraft-questions-answered.html